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LOS ANGELES — Terreno Realty has purchased an industrial building, located at 2425 Porter St. in Los Angeles. An undisclosed seller sold the asset for $4.4 million.
Situated adjacent to Interstate 10 in downtown Los Angeles, the 13,000-square-foot building features seven dock-high loading positions and parking for 64 cars. At the time of sale, the property was fully leased to a single tenant.